I am a little confused, so please help me out here. VIC is...

I am a little confused, so please help me out here. VIC is running on fumes with very little money. Why wouldn’t you approve the CR? Without money we are dead in the water. That’s how these spect companies work. CR > Drill > nothing > CR > Purchase > Drill > maybe CR > maybe hit good grades of cobalt, copper etc... > pay day if your lucky. So why wouldn’t you approve the CR or is there another play to be made or is it burn baby burn and throw away the last amount of money we have? Just asking